Do you know the typical home value in every U.S. state?
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GO Banking Rates took a closer look at these home values using data provided by the Zillow Home Value Index (ZHVI). This index measures the typical home value and market changes across a given region and housing type. The ZHVI is published for all single-family residences, condos/co-ops and homes with one, two and three or more bedrooms, reflecting the typical value for homes in the 35th to 65th percentile range. For the purposes of this article and its infographics, GOBankingRates will cover home values for single-family homes, condos and three-bedroom homes in every state.
If you’re curious about where home values stand now in your state or how values have changed in some states since 2020, here’s what the typical home value looks like in every state.
Single-Family Home Values Across the US
It will come as no surprise to potential homebuyers that Hawaii and California are the most expensive U.S. states for single-family homes. ZHVI data shows single-family home values in Hawaii have been above $950,000 as of April 2023. In California, single-family home values run between $700,000 and $800,000.
Source: finance.yahoo.com
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